Analysis
- Rate of decline in used car
finance outpaced that of new car finance, continuing the trend
identified in March. - Value of advances in used and
new categories now almost equal after March’s new plate
boom. - Business purchases on finance
plunged in April, despite SMMT stats showing overall fleet and
business registrations being up significantly
year-on-year. - 12 month moving total still up for consumer finance
purchases in both new and used sectors.
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